2023 Ferrari Portofino MTrue Cost of Ownership in South Africa
620 hp convertible GT. Full cost breakdown including import duty (25%), VAT (15%), insurance, fuel at R1.15/L, maintenance, and depreciation.
Purchase Price
$323K
Base: $225K
Annual Total
$63K
Insurance + fuel + maintenance
Import Duty
$56K
25% of base price
VAT
$42K
15% applied
Annual Insurance
$2K
Avg for this country
5-Year Total
$638K
Purchase + 5yr running costs
2023 Ferrari Portofino M — Full Cost Breakdown in South Africa
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $225K |
| Import Duty (25%) | $56K |
| VAT / Sales Tax (15%) | $42K |
| Total Purchase Price | $323K |
| Annual Insurance | $2K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $13K |
| Annual Depreciation | $45K |
| Registration & Road Tax | $400 |
| Total Annual Running Cost | $63K |
| 5-Year Total Cost of Ownership | $638K |
| Cost Per Kilometer | $4.191 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari Portofino M Fuel Cost Calculator — South Africa
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,105
USD equivalent
Monthly Fuel Cost
$259
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$20.70
18L × R1.15
Ferrari Portofino M Depreciation Curve
The Ferrari Portofino M loses approximately $99K (44%) of its value over 5 years.
Year-by-Year Value
| New | $225K | 100% |
| Year 1 | $180K | 80% |
| Year 2 | $162K | 72% |
| Year 3 | $146K | 65% |
| Year 4 | $135K | 60% |
| Year 5 | $126K | 56% |
Depreciation based on exotic segment averages.
Ferrari Portofino M vs. Competitors in South Africa
How does the Ferrari Portofino M compare to similar cars available in South Africa?
Ferrari
Portofino M
Base Price
$225K
Annual Cost in South Africa
$63K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in South Africa
$35K
McLaren
720S
Base Price
$300K
Annual Cost in South Africa
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in South Africa
$40K
Annual costs estimated for South Africa market. Import duty (25%) and VAT (15%) applied to all models.
🇿🇦 Owning a Car in South Africa
High import duties on most vehicles.
Very Expensive for South Africa
Annual car costs = 898% of average South Africa income ($7K/yr)
Average Annual Income
$7K
In South Africa
Fuel Price
R1.15/L
Gasoline dominant
Avg Car Insurance
$2K
Per year
Import Duty
25%
On vehicle value
VAT / Sales Tax
15%
Applied at purchase
Driving Side
Left-hand
Africa
Popular Car Brands in South Africa
Ferrari Portofino M in South Africa — Frequently Asked Questions
Common questions about owning a Ferrari Portofino M in South Africa.
The 2023 Ferrari Portofino M has a base price of $225,000 USD. In South Africa, after 25% import duty and 15% VAT, the total purchase price is approximately $323,438 USD (R323,438 ZAR).